Art market

Christie’s plods to a sturdy end to Frieze week

Post war, contemporary and Italian art sale notched up £89m, topped by a £7.4m Jean-Michel Basquiat

Art marketfeature

Running a contemporary gallery is tough: we look at London's lost commercial art spaces

There is a long list of innovative ventures to have fallen by the capital’s waysides but some have left a lasting legacy

Podcastspodcast

Frieze week: Ai Weiwei, Mark Bradford, Peter Doig, Melanie Gerlis, Hettie Judah

In this bumper edition we interview three of the world's leading artists, all of whom have shows timed to coincide with Frieze in London, plus all the latest news from the fair

Hosted by Ben Luke. with guest speakers Melanie Gerlis and Louisa Buck. Produced by Julia Michalska and David Clack
Banksynews

Banksy painting of chimps as MPs sells for record £9.9m at Sotheby's

Nicole Eisenman, Jean-Michel Basquiat and a dozen Italians help weather the Brexit storm

Sotheby's ceases publicly trading on the New York Stock Exchange as its $3.7bn sale to Patrick Drahi closes

Chief financial officer Michael Goss is replaced by Jean-Luc Berrebi per the terms of the merger, which sees shareholders compensated $57 per share

Why African women artists are bucking the market trend

The growing success of female African artists marks an exciting shift in the market

Early sales at Frieze London

Stanley Whitney, Elizabeth Peyton and Joy Labinjo are among the first works to attract buyers at this year's fair

Auctionsanalysis

New artists to the block bring excitement to Phillips Contemporary evening sale in London

New record set for Alex Katz, but less-familiar names also exceed expectations

Albert Oehlen: a buyer's guide

With three separate shows of his work taking place in London during Frieze Week, the German artist's market is heating up

Auctionsanalysis

Selling off the Gloucestershire Gustons: Jeremy Lancaster collection kicks off Frieze Week auctions

Christie's sale in London totals £23m with Modern British artists rubbing shoulders with international post-war names

Viennacontemporary unfazed by Austrian snap elections

City's vibrant gallery scene echoes spirit of Noughties Berlin

Nando’s enormous collection puts the peri-peri in African art

With over 22,000 works hung on its walls, the popular chicken chain is an unlikely champion for emerging South African artists

Private view: must-see gallery shows opening in October

Steamy Trinidad scenes and black female fetishisation—the best new commercial exhibitions this month

The blue chip delusion: why investors should be wary of the brand name lure

Art is pitched as an asset class, but even big-name artists are not guaranteed to hold their value, let alone turn a profit

Gauguin Tahitian painting comes to auction in Paris from the walls of the Met

Te Bourao II (The Purao Tree), which has been in the same collection since 1995, is estimated to sell for €5m-€7m at Artcurial

Artsy lays off around 20 employees under new leadership

Representing nearly 10% of its staff, the content sales team and other divisions of the online art marketplace have been slashed following the recent appointment of Mike Steib as chief executive

Art marketanalysis

High-earning young collectors come out in force at Expo Chicago

Although top prices were hard to come by at Expo, high-earning young collectors are shoring up the middle market in the Windy City

'New' Artemisia Gentileschi to be auctioned in Paris

Painting of Lucretia has been in a private collection in Lyon for the past 40 years and is estimated to sell for over €600,000

Art marketcomment

Global recession looms—but there's a new twist

Burgeoning private museums offer cause for hope among economic uncertainty and geopolitical turbulence

Fairspreview

'Open, exciting and global': Frieze out to beat Brexit blues

London-based fair strikes international note as gallery roster expands

Bogotá's Artbo closes its 15th edition on a vigilant note

International engagement dwindled as a date shift put the fair at odds with Expo Chicago and ArtRio while violence rises amid Colombia's mayoral elections

This could be the first Cimabue painting to be sold at auction in recent times

Panel depicting the Mocking of Christ will go on sale at French auction house, in collaboration with Eric Turquin, in October

Art Market Eye: a new newsletter by The Art Newspaper

Cutting-edge market analysis, straight to your inbox

Grenfell victim Khadija Saye's salvaged images to be sold for charity at Victoria Miro

Most of the late artist's work was lost in the tower block fire in 2017, but nine surviving prints will be sold in aid of education programme in her honour

Diversity drives Unseen Amsterdam as 19 new galleries arrive

New artistic director Marina Paulenka takes the reins of the annual photography festival this year

Pre-Columbian auction in Paris goes ahead in face of protest from Guatemala and Mexico

Although one Mayan relief was withdrawn, the Mexican government condemned the "illegal" sale but auctioneer Millon defends it as "perfectly legitimate"

Art fairspreview

Strong, diverse and on the ascent: new fair and galleries add to Chicago's booming commercial art scene

Growing momentum in the Windy City is drawing in talent from across the US and around the world

Collectorsfeature

Feeling the pinch: why the middle-class collector is a dying breed

The Vogels filled their modest apartment with contemporary art, but wage stagnation has seen the professional-classes squeezed out of this overheated market